Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
SA › Port Adelaide › Formby Cres
5
Bedrooms
2
Bathrooms
2
Car spaces
Districts View
View not ready — official layers are still retrieving for this property. Official planning layers still retrieving. Flood / bushfire / heritage not yet retrieved. No recorded sale price for this property. Districts does not score a property it cannot yet see.
Nothing about this record stands out yet — coverage may still be filling in.
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
SAPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded. This lot’s own applications are a separate question. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownNearby development applications are not loaded. This lot’s own applications are a separate question.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Port Adelaide at a glance
2,410
People
$872,500
Median sale
$540/wk
Median rent
3.22%
Suburb gross yield
Median sale from 17 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White Port AdelaideNestled alongside tranquil vistas of the Port River, indulge in effortless living within this two-story town home. Offering peace of mind with a secure lock-up garage and enclosed by an electric fence, it's an ideal choice for families. Boasting five bedrooms or four bedrooms and an additional study, this residence features a spacious balcony overlooking the river, adding to its allure.
Discover a home that has it all, featuring inviting living and dining spaces upon entrance, a well-equipped kitchen with ample storage, and a second expansive open-plan living and dining area that seamlessly extends to the paved alfresco.
On the first floor, convenience is assured with a fully equipped bathroom featuring a shower, vanity and toilet. Upstairs, all rooms come with built-in robes, the master with a walk-in robe and the spacious main bathroom boasts a double sink vanity.
KEY FEATURES:
- Tiled flooring throughout
- Second living/dining space upon entrance
- Spacious open plan living dining & kitchen
- Large kitchen with laminate bench tops, stainless steel sink & built in cupboards
- Built in oven & grill, 5-burner gas cook top plus versatile breakfast bar
- Bathroom on the ground floor with access to a bathroom including a shower, sink & vanity
- Separate laundry with built in cupboards & ample bench space plus outdoor access
- Upstairs 5th bedroom, study or master retreat with balcony access & mirrored built-in robe
- Master bedroom with walk-in robe & access to the main upstairs bathroom plus ceiling fan
- Bathroom upstairs with spa bath, shower, toilet & double sink vanity plus double glazed windows
- 3 additional bedrooms carpeted with built-in robes
- Blinds on windows upstairs and downstairs
- Evaporative air-conditioning
- Under stair storage
- Paved alfresco with pergola & low maintenance garden
- Backyard access from garage
- Alarm system
- Electric gate at the front
Nestled in the quaint historic enclave of Port Adelaide, this locale offers a vibrant lifestyle. Stroll to Port Adelaide Plaza for shopping and dining delights, or make the most of the plethora of public transport options, including buses and trains. Golf aficionados will relish the proximity to West Lakes Golf Club, while the sandy shores of Semaphore offer an idyllic coastal escape. With all this and more at your fingertips, you'll discover everything you desire right here.
To place an offer on this property, please complete this Letter of Offer form https://forms.gle/2P3oovTaZZ7VdYjS6
Disclaimer: Neither the Agent nor the Vendor accepts any liability for any error or omission in this advertisement.
Any prospective purchaser should not rely solely on 3rd party information providers to confirm the details of this property or land and is advised to enquire directly with the agent to review the certificate of title and local government details provided with the completed Form 1 vendor statement.
Listing description written by Nick Psarros, Ray White Port Adelaide — reproduced as published, not verified by Districts.